Milan Housing Market Report January 2025•Gibson County, Tennessee

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Housing Prices in Milan, TN

How much do homes in Milan, TN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$349,000$119/SqFt

Based on all homes listed in January 2025

Insight

The list price of homes in Milan has remained the same since December.

Summary: The median home list price in Milan was $349,000 in January 2025, the same as the previous month, and the median price per square foot was $119.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2--
N/A
3--
N/A
4$349K$349K
0.0%
5--
N/A

Summary: Milan housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Milan, TN

How many homes are available in Milan, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthJan 2025
12 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The Milan real estate market had 1 homes for sale in Jan 2025, the same as Dec 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
300
0.0%
411
0.0%
500
0.0%

Summary: Milan housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Milan, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Milan, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Milan in January 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Milan, TN

How long does it take to sell a home in Milan, TN?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Milan has remained consistent over time.

Summary: During January 2025, 1 homes were sold in Milan; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
99 DaysLast MonthJan 2025
99 Days1 month agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: Homes in Milan had an average listing age of 99 days in Jan 2025, down by .0% compared to the previous month.

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Newest Listings in Milan, TN

What homes are available in Milan, TN?

New listings aren’t available for Milan, TN

Nearby markets

Nearby markets aren't available for Milan, TN

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